TENDER OFFER FOR LAFARGE REPUBLIC, INC. (“LRI”)
To all existing share holders of Lafarge Republic, Inc. (“LRI”):
We would like to inform you of a recent drive for AEV CRH Holdings, Inc. (the “Bidder” or “ACHI”) to acquire shares of LRI. The ACHI is acquiring 88.85% common stock of LRI and has triggered a mandatory Tender Offer to acquire 649,080,969 common shares representing 11.15% of the issued and outstanding capital stock.
THE OFFER:
Estimated Tender offer price* :
Php10.26 per share* (*may be subject to an upward adjustment after the closing of the transaction based on the debt, cash and working capital adjustment of LRI. For specific details, please refer to the attached terms and conditions of the tender offer)
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COL Offer Period : August 11, 2015 – September 3, 2015 3:30 P.M.
(Unless extended by the buyer, with prior approval from SEC)
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Target Cross & Settlement Date :
September 15, 2015
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**The tendering shareholders shall each be responsible for stock transaction tax, broker's commission, costs, charges, transfer taxes and other expenses, fees and duties incurred in connection with the tender offer. In case of upward adjustment in the Final Price, any surcharge or interest that maybe due on the stock transaction tax shall be shouldered by the bidder.
To be able to participate into the tender offer, please fill out our tender offer request online by clicking on the Lafarge Republic, Inc. (“LRI”) Tender Offer banner that appear on the homepage during the offer period. Deadline is set on September 3, 2015 3:30 P.M.
IMPORTANT:
Please take note that the Bidder has plans of delisting the shares of LRI from the PSE upon gaining control of LRI. Shareholders of LRI who did not tender its/his shares may end up owning unlisted shares of LRI and will affect your ability to liquidate your investment. Furthermore, any subsequent sale or transfer will be subject to prevailing capital gains tax and documentary stamp tax and may be subject to donor’s tax.
As such, please consider the roll out of the following Tender Offer as it may be the only way to reconvert your ownership of shares back to cash aside from selling it in the market while it is yet listed.
We strongly recommend that you study the attached Terms and Conditions for more details of the tender offer.
For your information
COL Financial Group, Inc. Helpdesk
[email protected]